Asking for additional rent than listing / updating rent request.

[Antonia Taylor]

Hello, I’m currently listing a 1 bedroom/ 1 bathroom apartment which is connected to our house with a separate entrance.

My listing has generated a lot of interest, but I’m thinking I may have lowballed my rent amount.

The apartment was occupied by my mother in law up until last month when she passed away and we need to fill the vacancy as soon as possible.  There are other apartments similar in the neighborhood which are smaller (about 450 sq ft. Vs. 700 sq. ft).  One rented last month for $1,350.00 one is listed currently for $1,500.

I initially listed the apartment as $1350.00, but with the amount of interest I’ve had I’m wondering if I listed too low.

Would it be wrong to update to a higher price?